VAT News

EU-Reduced rating for e-books draws closer

For some time, there has been a proposal to bring the VAT liability of digital books and publications into line with physical copies.Currently, physical books and other certain publications can be reduced rated for VAT purposes, whereas identical digital copies must be taxed at the standard rate.

A European Commission proposal to approve the reduced rating of digital copies was approved by 48 votes to 1 by the Economic and Monetary Affairs Committee this week, with a final vote on the proposal scheduled to be held in the EU parliament at the end of May or start of June.

Related articles

Coronavirus: Online Gaming and Digital Conferencing Surge May Mean Extra Attention to VAT Compliance 

The Coronavirus outbreak has lead to a surge in the usage of certain digital services such as online gaming and conferencing apps.

Read more
Covid-19 VAT Implications Worldwide 

Covid-19 VAT implications around the world and what governments are doing to help.

Read more
The Essential Amazon VAT Guide for Online Sellers

According to European law, if your business sells goods directly to customers (B2C) via the internet, your business will be obliged to register for VAT

Read more